Filinvest, PAL Holdings, Trans-Asia: Philippine Stocks Preview

Shares of the following companies
may have unusual moves in Philippine trading. Stock symbols are
in parentheses, and prices are as of the previous close, unless
stated otherwise.

The Philippine Stock Exchange Index rose less than 0.1
percent to 3,855.52.

Filinvest Development Corp. (FDC) : EastWest Bank, a unit
of Filinvest, posted net income of 1.81 billion peso ($42
million) in 2010, almost three times the 621.7 million peso
profit booked in 2009, a stock exchange filing showed. The stock
decreased 3 percent to 4.15 pesos.

PAL Holdings Inc. (PAL) : Philippine Airlines Inc., the
nation’s largest carrier and unit of PAL, said a flight from
Manila was held at a remote parking bay upon arrival at the San
Francisco International Airport on March 22 due to a phoned-in
bomb threat. The aircraft was cleared for departure after a
“rigid security check,” it said. The stock fell 3.9 percent to
4.71 pesos.

Trans-Asia Oil & Energy Development (TA) Corp: The
Philippine oil explorer and energy company signed a three-year
contract to buy electricity from Sem-Calaca Power Corp., a stock
exchange filing showed. The stock gained 0.8 percent to 1.28
pesos.